Press Release

Amazon Business Now Serves More Than One Million Business Customers in the U.S.

The business-to-business marketplace on Amazon.com expands its customer base across healthcare, education, government and commercial organizations

Amazon Business now offers business-only pricing on millions of products and access to more than 85,000 business sellers

SEATTLE--(BUSINESS WIRE)--Jul. 25, 2017-- (NASDAQ: AMZN) –Amazon Business today announced that it now has more than one million business customers since launching in April of 2015, offering business-only pricing on millions of products and access to more than 85,000 business sellers. Amazon Business serves businesses of all sizes and across industries, including hospitals, educational institutions, labs, daycares, government agencies, restaurants, Fortune 50 companies and sole proprietors. Amazon Business customers include Con Edison of NY, Gwinnett County Public Schools, Intermountain Healthcare, Johns Hopkins University, King County, Mayo Clinic, Siemens in the USA, and Stanford University, among others.

"We are grateful to our customers for helping us reach this significant milestone," said Prentis Wilson, Vice President of Amazon Business. "Their feedback has been invaluable in helping us better serve businesses and organizations of various sizes – from local government agencies to global enterprises, we are constantly looking for ways to innovate on behalf of customers, and will continue to build out features that delight them. We are striving to set a new standard for B2B e-commerce with Amazon Business, and it's still day one for us."

"The transition to Amazon Business was a breeze," said Danielle Hinz, Chief Procurement Officer, King County. "Setting up our users was simple and didn't require any staff training. In addition, Amazon Business has helped us realize county-wide cost savings, such as providing access to business-only pricing with Quantity Discounts. We are also able to track purchases easily by department and user – we appreciate and value that transparency in our organization."

"Amazon Business is taking a lot of weight off of our shoulders," said Drake Paben, Director of IT Procurement, Siemens Corporation (U.S.). "Depending on the type of business, our teams may need tools delivered in a matter of hours, large amounts of office supplies, or big pieces of machinery for our factories. With Amazon Business, we're able to automate a lot of orders and give our employees, divisions and factories the products they need to complete their jobs in a timely manner. They can find products easily on Amazon Business, and get them delivered in a very short amount of time. We are looking forward to expanding our procurement capabilities with Amazon Business."

Stanford's Chief Procurement Officer, Ben Moreno, has been leading a transformative initiative to reduce the University's administrative burden while updating the procurement experience to consumer-like expectations. A decentralized structure, and the vast number of commodities purchased within a University environment, makes traditional procurement difficult to manage and lends itself to the more consumer-oriented buying experience of an open marketplace. To provide its campus consumers an open marketplace with increased visibility and seamless purchasing, Stanford University's Procurement department selected Amazon Business.

About Amazon Business

Amazon Business is a marketplace that combines the selection, convenience and value customers have come to know and love from Amazon, with new features and unique benefits tailored to the needs of businesses. Amazon Business provides easy access to hundreds of millions of products – everything from IT and lab equipment to education and food-service supplies. Amazon Business customers also enjoy a variety of benefits, including business-only pricing and selection, a multi-seller marketplace, Free Two-Day Shipping on millions of eligible items, single- or multi-user business accounts, approval workflow, purchasing system integrations, payment solutions, tax exemptions, dedicated customer support and more. To register for a free Amazon Business account, visit www.amazon.com/business. More information about Amazon Business is available at www.amazonbusinessblog.com.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about and follow @AmazonNews.